New demat accounts jump to a record high in FY21
According to Sebi data, new dematerialized or demat account additions rose to an all-time high of 10.7 million between April 2020 and January
Smooth and easy access to stock markets because of technology, such as e-KYC and Aadhaar e-signing helped the retail investor community grow, said experts
Retail investors rushed to the stock markets in a year marked by covid-led uncertainties, which left many jobless or witnessing salary cuts. Data showed that the number of people dabbling in stocks has increased to a record high so far in financial year (FY) 2021.